ZuluTrade has become the latest social trading company to begin offering a list of CFDs to complement its trading offer to existing and new clients. With industry trends largely shifting into the multi-asset space, the company has committed to delivering the widely demanded feature to its traders.
While some signal providers will possibly need time to adjust their strategies that normally explore the realms of the foreign exchange market, others are already committed to looking beyond FX. It is for those trade leaders and followers that ZuluTrade has added a CFDs offering to its platform.
doubts about a Fed rate hike have paused the U.S. dollar’s rally and range trading has settled in
While the bulk of 2015 has passed under the flag of decent volatility, the surfacing doubts about a Federal Reserve rate hike have paused the U.S. dollar’s rally and range trading has settled in.
A number of strategies that worked pretty well in an environment where currencies were fluctuating widely have become less profitable. Others which are targeted at range-bound markets are now flourishing, but this is not enough to keep traders entertained.
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Asset classes outside of forex have been widely volatile in recent quarters with the center stage taken by indices and some commodities.
ZuluTrade has picked 20 CFD contacts to offer to its customers interested in looking beyond forex
ZuluTrade has picked 20 CFD contacts to offer to its customers interested in looking beyond forex. The company will be offering a number of major indices including the German DAX, the Japanese Nikkei 225 and all major indices in the U.S.
Complementing the offering of 12 stock indices from all over the world will be contracts for gold, silver, oil, palladium, copper, natural gas and German bunds.
Traders need a variety of offerings in order to gain actively on the market which is ultimately how online brokerages generate their fees and commissions. Maintaining an online brokerage which offers only foreign exchange has become increasingly challenging.